Michael Saylor’s Strategy names the ‘last resort’ condition it will sell Bitcoin

Michael Saylor’s Strategy (NASDAQ: MSTR) formerly MicroStrategy has outlined the conditions under which it would part with its Bitcoin (BTC) holdings, framing the move as an extreme response to market stress.  According to CEO Phong Le, the firm would consider selling Bitcoin only if its stock fell below its net asset value and it simultaneously lost access to new capital, he said in an interview with What Bitcoin Did published on November 28. Under those conditions, the executive noted that selling a portion of its holdings would become a defensive step aimed at preserving what the company views as its core metric of Bitcoin yield per share. “That would be a last resort source: https://finbold.com/michael-saylors-strategy-names-the-last-resort-condition-it-will-sell-bitcoin/